Graphic Packaging Holding Co

NYSE:GPK   3:59:59 PM EDT
-0.16 (-0.82%)
Other Pre-Announcement, Mergers / Acquisitions

Graphic Packaging Holding Company Reports First Quarter 2021 Results Announces Intent To Acquire Americraft Carton, Inc.

Published: 04/27/2021 10:50 GMT
Graphic Packaging Holding Co (GPK) - Mpany Reports First Quarter 2021 Results; Announces Intent to Acquire Americraft Carton, Inc.q1 Adjusted Earnings per Share $0.23.
Q1 Earnings per Share $0.19.
Q1 Sales Rose 3 Percent to $1.649 Billion.
Intends to Acquire Americraft Carton, Inc. for Approximately $280 Million.
Graphic Packaging Holding - Transaction With Americraft Carton Includes Seven Well-capitalized Converting Facilities, Team of Employees.
Graphic Packaging - Proposed Acquisition of Americraft Carton is Expected to Add About $200 Million in Sales, $30 Million in Adjusted EBITDA Upon Completion.
Capital Expenditures for Q1 of 2021 Were $146 Million Compared to $154 Million in Q1 of 2020.
Q1 Earnings per Share View $0.25, Revenue View $1.66 Billion -- Refinitiv Ibes Data (analyst estimates).